>>> US Gapping down


Gapping down
In reaction to disappointing earnings/guidance
: VMEM -13.6%, BEBE -12.8%, (announces entry into Greater China, via a partnership with Longgoal LLC to open 60 to 150 stores), ADSK -5.5%, ZOES -4.9%, CLCT -3.3%, ARO -3.2%, OVTI -2.3%, GME -1%

M&A news: HAL -1.4% (Bloomberg's Real M&A column profiles a positive view on BHI given the large arbitrage in its pending merger with Halliburton)

Select EU financial related names showing weakness: NBG -11.3%, BCS -2.2%, CS -1.7%, HSBC -1.6%, DB -1%

Select EU notable heavyweights trading lower: SAP -1.6%, ALU -1.2%, NOK -1.1%, UN -1.1%, ABB -1.1%

Select large pharma names trading lower: SHPG -2.5%, GSK -1.7%, NVO -1.3%, MRK -1.0%

Other news: BTU -9.2% (following 50% move higher yesterday), QIHU -3.5% (WSJ reports that the investor group who offered to take QIHU private is considering lowering its offer amid valuation concerns), CRK -3% (after spiking higher on volume in late trade), SYT -2% (cont weakness after Monsanto (MON) walked away from its efforts to acquire Syngenta), NFLX -1.8% (pulling back following recent strength), STXS -1.3% (following 120%+ move higher yesterday), BBRY -1.3% (still checking)

Analyst comments: N/A